Antalpha

Tether has acquired an 8.2% stake in Bitcoin mining finance platform Antalpha, expanding its investments in crypto infrastructure and financial services. The move follows an announcement of a new investment in Kaio, another platform in the crypto sector.

Tether has disclosed a nearly 2 million-share stake in Antalpha, a company linked to Bitmain. Antalpha's lending business is expanding rapidly despite a 27% decline in its stock price.